Enterprise GRC​

Governance, risk and compliance (GRC) refers to a strategy for managing an organization's overall governance, enterprise risk management and compliance with regulations. For most companies, GRC is a structured approach to aligning IT with business objectives, while effectively managing risk and meeting compliance requirements

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A focus for many companies, Governance, Risk, and Compliance (GRC), came about in the early 2000s after many highly publicized corporate financial disasters, which resulted in enterprises and regulators scrambling to improve their internal control and governance processes. Today, financial Institutions are faced with increasing complexity in regulatory compliance as evidenced by nearly $270B spent by financial institutions on compliance cost in addition to the $320B fines paid in the last 10 years​.​​ ​

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With risk management and compliance data and processes scattered across multiple systems in semi and unstructured formats, risk managers struggle to put the necessary pieces together to effectively manage risk. Boardwalktech’s innovative technology addresses and manages all enterprise information in its natural state and does not require any transformation to SQL. This is one key ingredient needed for delivering effective GRC controls in a fraction of the time compared to traditional methods​

Representative Boardwalk Application Areas

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